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What would the business land-
scape look like if one corporate scandal after another hadn’t made the headlines? In many cases, accounting discrepancies were at the heart of these company dishonors (remember Enron and Adelphia?). These corporate indecencies lit the fuse that started the fire to overhaul the current U.S. Generally Accepted Accounting Principles (GAAP) and find standards with greater simplicity and transparency. |
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Feature Story
